Outsourcing healthcare support services to a professional service provider can give you access to a plethora of benefits that you can take advantage of. Read on to find out what benefits you can get access to by outsourcing healthcare support.
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There has been a significant increase in the use of remote patient monitoring (RPM) systems over the past few years and this trend looks set to continue. Read this article to know what RPM is and how it works.
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With an unprecedented increase in COVID cases, there is constant stress on healthcare systems to meet the demand for resources. Amidst ongoing effort to contain the virus spread, patient visits for non-COVID care will further strangle the system which is already under immense pressure. This is where remote monitoring is serving as a failsafe system to alleviate inconvenience at both ends of the care.
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Most providers contemplate outsourcing medical insurance verification services. But is it beneficial for businesses in the long-run? This article helps you get introduced to outsourcing medical insurance verification and its benefits.
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We have been providing healthcare back-office support services for the last 19 years and can help you with re-submission and repair of denying claims. Here in this blog, we have collated a list of issues & actions in common AR & Denial Management scenarios. This will help you evaluate your process and find gaps.
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Medical transcription skills are hard to master as you have to transcribe the medical records via speech recognition software and can be daunting if the recordings are not clear or accented. Thus, only expert resources can handle the medical transcription and ensure that a standard quality is maintained.
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The healthcare industry has been constantly changing over the past decade. Instead of being paid by the insurance providers, doctors and healthcare providers are forced to engage in awkward conversations with the patients and follow-up to receive their payments. Is it fair?
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Big Data analytics is taking the world by storm. It is being widely adopted in all niches. With a smarter way to analyze historical data, it is possible to turn Big Data analytics into an effective tool of comparison between patient cases and to optimize the performance of healthcare services from patient care to personalized medicine, to billing and claim filing functions and even more.
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The reimbursement process after hospitalization can be challenging due to the risk of claims rejection by payer. We present various methods through which providers can save time and money while getting reimbursed faster. Without further ado read 6 best practices for hospital denial management.
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Menacing concerns that haunt providers, billers & coders, patients, and insurers alike is the claims management process. It is a grey area in healthcare where things can complicate if billers and coders are incautious while carrying out medical coding. But our 5 top ways to improve claims management process will help you over the challenge.
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In healthcare reimbursement can be a complex process because it often mandates error-free and verified data for payers to reimburse. However, errors in medical coding can lead to delay and even loss of revenue. But here is a list of top 10 tips on how to prevent medical billing and coding errors.
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If payments are not collected at the time of service, it can severely impact the revenue generation of the healthcare service provider. With this problem in mind, we have for you 6 physician billing tips to maximize collection without upsetting customers. Our strategy can help you make better ROI while at the same time improving patient care and quality of services.
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Choosing a right medical billing company may not be easy when you are running short of time or having a limited budget. So, we have compiled a checklist that helps you to not only find a company that can carry out your billing needs but also to partner with one which offers better value.
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There is good news to physicians, researchers, and other healthcare professionals in the upcoming year because the presentation of ICD-11 is planned for 2019. This new code classification is anticipated to resolve most of the shortfalls in the previous versions. Read this article to take a quick glance at the past and learn what to expect ahead.
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ICD and DSM are two diagnostic standards used for appropriately classifying the diseases in the world. They are mostly identical to one another in many ways and vary in a few. One is approved the WHO, while the other is HIPAA approved. Read this article know in-depth how these two systems are similar and dissimilar to one another.
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Machine learning has wide-spread applications across wide industries and healthcare is no exception.
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The rapid technological advancements in the field of healthcare have changed the medical transcription field to a great extent. Read the article to know what does the future hold for medical transcription in 2018 and beyond.
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Machine learning is one of the fastest growing technologies in today's world. Healthcare is one industry which has the capability and potential to make use of machine learning to the maximum. Read to know more.
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Virtual reality boom has changed the way industries operate in this digital era. Read the article which explains and lists various applications of virtual reality in healthcare.
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Read an article by Flatworld Solutions to know which 6 trends will dominate the medical transcription industry in the year 2018.
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Modern healthcare practices stand to benefit greatly by moving beyond traditional PACS, RIS, or EMR systems and adopting a combination of separate technologies for better patient and workflow management.
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Modern healthcare practices stand to benefit greatly by moving beyond traditional PACS, RIS, or EMR systems and adopting a combination of separate technologies for better patient and workflow management.
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There are many telemedicine trends to look forward to in the near future, since most of them will have a direct impact on how clinicians interact with their patients, while also impacting the healthcare industry as a whole.
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Technology has rapidly changed the face of the healthcare industry and how it is changing the future of medical transcription.
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Effective payment collections are critical for the financial health of your medical practice. Here are some ways to improve your healthcare collections.
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Teleradiology is an extremely important subset of radiology which is helping millions of doctors, physicians, and their patients collaborate faster to make diagnosis quick and hassle-free.
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Medical coders are an integral part of any healthcare organizations as they help to translate physicians' diagnoses into relevant codes for insurance claims.
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Although generally clubbed together, both medical billing and medical coding are two vastly different fields, with two very different job descriptions which work towards a common goal.
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Payment posting is one of the crucial steps in the medical billing process and a very important component of revenue cycle management.
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The latest version of ICD, ICD-10 was released recently and not many people are aware of that. Read some of the key benefits of implementing ICD-10 in your healthcare practice.
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RIS software have changed the way Radiology and other inter-related healthcare departments work with each other, and bring in several special benefits to improve radiology workflow.
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An effective insurance model helps healthcare organizations recover over-due payments from insurance carriers. Read how A/R follow-up is important for the medical billing process.
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It is important to manage your healthcare denial claims in order to improve the cash flow and be financially stable. Read more to know how denial management can be improved.
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The specialty pharmacy industry has been increasingly gaining importance in the past decade. Read more to know how it is changing the face of the pharmaceutical industry.
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Medical billing outsourcing has been increasingly gaining importance in the past few years. More and more companies are finding it beneficial to outsource medical billing tasks rather than performing them in-house.
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India has moved from being just a cost-effective healthcare outsourcing destination to one that provides high quality service outsourcing partnerships to companies around the world who are not looking just for cost cutting through outsourcing.
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The most common causes of rejection are errors in medical billing and coding. The key to filing an accurate medical claim lies in the ability to distinguish between intricate medical procedures.
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Hospitals, physician's practices and billing companies all face the challenge of long receivable cycles due to the tedious process involved in receiving payments from insurance companies.
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